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For Companies At a Glance
- Tasks: Lead business development efforts and build strong client relationships to drive revenue growth.
- Company: Join Precision Value & Health, a leader in empowering patient access to life-changing medicines.
- Benefits: Enjoy remote work flexibility and opportunities for travel to exciting conferences.
- Why this job: Be part of a dynamic team that values innovation and collaboration in the life sciences sector.
- Qualifications: Requires a Bachelor's degree and 12+ years in business development with a proven track record.
- Other info: This is a senior executive role with significant impact on company growth.
The predicted salary is between 43200 - 72000 £ per year.
Due to our growth, we have an exciting opportunity for a Vice President, Business Development based in the UK to join Precision AQ International. The Vice President, Business Development is responsible for generating fresh new business and playing a hunter role in acquiring new clients. This role focuses on identifying high-value opportunities, building strong client relationships, and driving revenue growth. The VP will work in close collaboration with the business development team, manage client opportunities, and promote the company's capabilities through various lead generation activities. This position reports to the SVP Strategic Business Development.
Key Responsibilities
- Business Development
- Develop and execute annual strategic business plans to drive new revenue and sales growth.
- Engage with life science clients to create and cultivate new relationships.
- Actively manage the client sales cycle, including prospecting, solution development, and successful transition to implementation.
- Promote company capabilities through conferences, trade shows, webinars, etc.
- Client Relationship Management
- Establish and maintain relationships with clients, especially at the senior executive level.
- Leverage these relationships to generate new business opportunities and drive revenue growth.
- Manage client opportunities from prospecting to successful transition to the respective practice areas.
- Market Research and Analysis
- Work with the Sales Operations team to inform and direct market research to identify trends, competitive landscape, and potential opportunities.
- Contribute to pricing and competitive positioning for services.
- Track competitors and analyse competitive threats.
- Team Efforts
- Work directly with the business development, client services, and marketing teams to ensure seamless execution of new business proposals and delivery of pitch presentations.
- Other Responsibilities
- Travel up to 50% as required.
- Represent the company at conferences and trade shows.
- Undertake any duties as may be required from time to time that can reasonably be regarded as within the remit of the post.
- Aware of and conform to legal requirements in all activities, both internal and external.
Qualifications
- Bachelor's degree in business, marketing, life sciences, or related field.
- 12+ years of experience in business development, sales, or account-facing roles.
- Successful track record in driving revenue growth and achieving business results for international and global pharmaceutical accounts.
- Expertise in consultative, insight-focused account-based selling approach.
- Exceptional presentation skills.
- Strong analytical skills and ability to use data to drive decision-making.
VP Strategic Business Development employer: Precision Value & Health
Contact Detail:
Precision Value & Health Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Strategic Business Development
✨Tip Number 1
Network strategically within the life sciences sector. Attend industry conferences and webinars where you can meet potential clients and other professionals in business development. Building these connections can lead to valuable opportunities and insights.
✨Tip Number 2
Showcase your expertise in consultative selling during interviews. Prepare examples of how you've successfully driven revenue growth in previous roles, particularly with international pharmaceutical accounts. This will demonstrate your capability to excel in the VP role.
✨Tip Number 3
Familiarise yourself with Precision Value & Health's services and recent projects. Understanding their capabilities will allow you to speak confidently about how you can contribute to their growth and align with their strategic goals.
✨Tip Number 4
Prepare to discuss market trends and competitive analysis relevant to the life sciences industry. Being able to articulate your insights on these topics will show that you're not only a strong candidate but also someone who can drive strategic initiatives.
We think you need these skills to ace VP Strategic Business Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly in the life sciences sector. Emphasise your track record of driving revenue growth and managing client relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Precision Value & Health's mission and how your skills align with the VP Strategic Business Development role. Use specific examples from your past experiences to demonstrate your capabilities.
Highlight Leadership Skills: Since this is a senior position, emphasise your leadership experience and ability to manage teams effectively. Discuss any previous roles where you successfully led business development initiatives or client engagement strategies.
Showcase Analytical Abilities: Include examples of how you've used data to inform decision-making in previous roles. This could involve market research, competitive analysis, or pricing strategies that contributed to successful business outcomes.
How to prepare for a job interview at Precision Value & Health
✨Research the Company
Before your interview, make sure to thoroughly research Precision Value & Health. Understand their services, recent projects, and their position in the market. This will help you tailor your responses and show genuine interest.
✨Prepare for Scenario-Based Questions
Given the strategic nature of the VP role, be ready to discuss specific scenarios where you've successfully driven revenue growth or built client relationships. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Analytical Skills
Highlight your ability to use data for decision-making. Be prepared to discuss how you've leveraged market research and analysis in previous roles to identify opportunities and inform business strategies.
✨Demonstrate Leadership and Team Collaboration
As a VP, you'll need to work closely with various teams. Share examples of how you've led cross-functional teams or collaborated with marketing and client services to achieve business objectives.
